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20121226
20121226
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, therefore, that will lead us in terms of price action over the next five days. bob pisani? >> if you look at the interday, we were positive on the day earlier on. we dropped in the middle of the day and some people are attributing this to concerns that the house leadership did not issue the 48 hour call for the whole house to come back into session and vote on a proposed plan even though there isn't one out there, some are interpreting this to mean there will be no deal certainly going into the weekend. of course, the time period on which we can do something now gets smaller and smaller. let me show you a couple sectors here. we talked about this mastercard report on sales only up 0.7%. luxury retailers getting hit hard. can i just point out that none of these luxury retailers have done very well this year. tiffany, coach, ralph lauren are negative on the year and have been even before today's report. michael kors is the standout in luxury. remember they went public about a year ago. that's had a great run, up about 60% this year. but that's the standout in retail. can i also point out th
the audience through this. we have bob walk the audience through and i would like to start with a provocative opening comment that you make. you set my reporting over three decades has convinced me that we all need to recover a sensibility of time and space that has been lost in the information age when the molders of public opinion - against the hours that will to let them talk about the distinguished your times columnist tom friedman is labeled a flout world. instead little interest to readers to recruit decidedly unfashionable figures who will push of a heart against the notion that geography and a longer matters. so i want to just ask you to start with the basics of geography and tell us why the matter so decisively in the world. this is a pablumized by tom friedman's work greatly is what we can do is all the things. what i'm doing is saying find that human agency, that's fighting against things but what i'm showing you in this book is the other side, i'm not disagreeing with what they said but should i take back to the formidable barriers which if you do not respect you can never overcom
, everybody, the best thing to watch this month, and bob pisani pointed this out. the transportation stocks have been very strong. china has been strong. mandy, you know, japan has been strong, and the banks have been strong. to me there's an underlying strength to the market when some of the bodyguards have been doing well so i think the market wants to do better. that having been said the fiscal cliff will turn out to be not a maxi deal but a mini deal and will clip the economy not by 1% but a 2% and a 60% chance something will get done but that's where we come out on it right now. a little bit harder hit to the economy. >> don't adjust your sets, everybody. this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization
determination. so will getting into college. i've got what it takes. so do you. ♪ . adam: i think bob dylan but i'm not sure that would date me, wouldn't it. yes it was bob dylan. now it could be the east coast and the gulf coast as well. the longshoreman's union is threatening to go on strike and analysts say it could be catastrophic for the fragile u.s. economy. 15 ports along the gulf and eastern seaboard could shut down in the next four days. as we speed toward the fiscal cliff, that is the last thing businesses nationwide need to threaten their bottom lines. here to explain what is at stake, jonathan gold, vice president of the national retail federation. thanks for joining us. last time we faced something like this, 2002, it took six months for u.s. economy to recover. the ports on the west coast were only closed for 10 is that accurate? >> adam, thanks very much for having me on. yes, the last time we had coast wide shut down was 2002. there was 10-day lockout. took six months to recover from. most economists say that lockout cost the u.s. economy about a billion dollars a day. adam:
. no reason given. they have hired them, which is another, hmm, wonder what they're up to kind of move. bob pisani is on the floor with what's moving today. >> we're up 24 points in the dow. and a lot of people think a grand bargain is impossible at this point. but president obama coming back from vacation in hawaii. that's an indication that some kind of deal -- however small -- is definitely coming. i want to point out, and i know you've been negative on this mastercard data on retail sales, and everybody thinks it's going to be a mess for the holiday season. i want to point out that the stocks are not acting that way. that this is a disaster for the season. the s&p retail index hit an historic high on december 3rd. historic high. since then, it has only been down about 3%. these stocks are not acting like there's a disaster. i can give you several reasons why they're not down so far. number one, we are going to see eps growth in the fourth quarter from some of them because of the extra week that there is. number two, we've had much lower cotton costs this year. their overall costs are lo
yes, mad tweet tweets @jimcramer. hello, jim, writes bob, you often encourage home game force do their homework. although i dvr every episode of "mad money," i don't know what you suggest should be involved in doing our homework. my version is mostly listening to every word on "mad money" and checking price movements and charts. what else do you suggest? first of all, with "mad money," i wrote a whole book about what to did with "mad money." that's the starter. you hear a stock you like, you decide you want to get to know it. you go to the web site. the web site these days have almost everything. you read about the last few quarters. you know what i like, i like to read the annual report. then i like to call what the analysts are saying. i like to see what could be in the pipe, i like to see how the dividend is. these are all part of the process, long before i would ever think of pulling the trigger. i also like to think what would make me sell it. if they missed things or did certain thing and the stock went up high. a lot of homework, it all starts with the web site. here's one
barack obama has a chance to do what eric cantor told bob woodward after he met him the first time, which is if he's pragmatic, if he comes to the middle, then he could lock us republicans up for a very long time. i mean, i think that's the great challenge for barack obama. >> yeah. >> can he do what he appears to be doing right now with john boehner? and that is upsetting a lot of people in his own base for the betterment of their party by saying we're going to raise it from $250,000 to maybe $500,000, go after entitlements and do it for the best interests of the country. >> he is a pragmatist. the first two years, it was such a strained situation. when we talked to him on wednesday, everything he said was about -- he wasn't saying government has to be bigger. government has to be smarter. government has to be better. it was like the lincoln line. this is a fantastic picture, by the way. >> that is adorable. >> joe, that's one of the pictures i was talking about. >> you're letting us know, these are all exclusive to "morning joe." >> they're exclusive to "time" and "morning joe." apparen
mad twee tweets @jimcramer on twitter. hello, jim. writes bob in nevada. "you often encourage home gamers to do their homework. although i dvr every episode of "mad money" i don't recall specifying exactly what you suggest should be involved in doing our homework. my version is mostly libsing to every word on "mad money" and check price movement and arts charts. what else do you suggest we do?" here's what to do with "mad money." i wrote a whole book about how to do it with "mad money." that's the starter. you hear a stock that you like you decide you want to get to know it. you go to the website. the websites these days have almost everything. you read about the last three quarters. i like to read the annual report. then i like to call what the analysts are saying. i like to see what could be in the pipe. i like to see how the dividend is. these are all part of the process long before i would ever think of pulling the trigger. and by the way, i also like to think what would make me sell it? if they miss certain things or did certain things and the stock went up so high. a lot of t
we are heading in the same direction. thank you and have a wonderful new year. host: a tear from bob now in the democrat light. caller: thank you for letting me have a chance to speak. i am more optimistic -- i a more pessimistic than optimistic. i just do not think they will ever get together like they should. my one comment is when they start speaking about the cuts and the entitlements, the always a social security, medicare, medicaid. that is not the only entitlements. every government program that has a retirement benefit, a health-care benefit, those are entitlements, two, up to and including the entitlements for the congressman. let's be fair. when they start talking about entitlements and hold it to those three items, let's hold their feet to the fire and make them talk about entitlements for the other folks, too. host: appreciate you calling this morning. donna writes about this on twitter. if that to facebook here. -- back to you facebook here. budget showdown hits the keep week. that is of the front page reminding us of the deadline looming. it is a bloomberg story here ou
's a national treasure. >> he is, he is, indeed. bob, thank you so much for being with us. good to see you. >> good to see you, gregg. patti ann: well, all eyes are on the weather as we track that deadly storm heading north right now. we have a live report just three minutes away. gregg: and as violence escalates in syria, a top general reportedly switching sides. the turning point in the civil war? gregg: fox news alert, new watches in effect now for parts of the north and south carolina. all of this part of the deadly storm system that ripped through the south yesterday. let's go to maria molina in the fox extreme weather center. maria? >> reporter: that's right, our storm system still growing, yesterday produced over 30 reports of tornadoes across portions of the south, and today we're still seeing that risk in the form of damaging wind gusts and tornadoes. tornado watch in effect right now across eastern portions of the state of north carolina and also eastern portions of the state of south carolina. basically, what that mean bs is that conditions out here are ripe for these thundersto
or have differences. but they did keep each other informed. bob dole replaced howard baker as a speaker. dole takes over baker as leader. but they kept baker informed. they just work together and kept each other in touch of what the other was great to do. they still opposed each other at times. they kept no secrets. >> i always like to talk about byrd and baker. they really did epitomize the great senate and the way things worked at that time. the first two chapters of my book are entitled "the grind" and "the natural." he was a most natural politician you could come across. if senators voted based on secret ballot, baker would have won. they had a remarkable capacity for doing that. there is one incident in my book where i describe senator byrd. it is such an unusual act, it he gets the vice president in the chair and by a script that byrd has written, start ruling them out of order in a way that is quite contrary to the way the senate work. there is a rebellion on the senate floor. everyone is going crazy and what robert byrd is doing even though they hate filibusters. one thing that
, defense secretary bob gates. but you did not have, again, your labor secretary. you didn't have your commerce secretary, your energy secretary. so he relied on sort of the people just around him. i think this administration and the president should do a better job of getting his cabinet out there, because, frankly, most americans don't even know who the rest of the cabinet members are. >> finer point on it, roland. do you think the president is sending a message that he won't fight for his nominees? >> well, i think what he's doing is, he's picking and choosing his battles, but he needs to understand, the last four years, republicans fought him on everything. he should send the signal, i'm not going to play the games we played the last four years. i'm going to be very aggressive, and if you want to deny me my choice, then you should vote that person down. he should have put her forward, and look, if he wants former senator chuck hagel, put him forward as well, and tell the senate, i dare you to do it. >> alice, that brings up an interesting point. tom friedman wrote an op-ed in "the
and keep your question as brief as you can. >> yes, bob with british medical journal. most of the talk it's been about impact on the federal budget and balancing one versus another. what analysis has been done on the exchanges, on the impact of the employability of seniors if an employer has to carry these additional costs for an extended period of time? by hypothesis would be that they would make them less employable in some ways. either that, or takes away from employers providing insurance. on the consumer side, how is it that these increased costs affect access to care and quality of care? >> paul, do you want to start the first part of that? >> sure. on your first question, i have actually not heard anyone or any of the studies suggest that any of the medicare eligibility age would increase where employers would not offer coverage at all. for the vast majority of them, employers outside of industries where retiree health plans are highly concentrated, in fact the medicare eligibility age would be large in some employees would continue in the workforce longer because of the subsidies
Search Results 0 to 12 of about 13